leather goods

Chanel bags

Mergers and Acquisitions

Chanel Buys Stake in Italian Tannery Samanta

Located in Tuscany’s leather manufacturing area, the company specializes in printed leather.

clock July 10, 2019Joelle Diderich

Assopellettieri newly appointed president Franco Gabbrielli.

Human Resources

Assopellettieri Appoints New President

Franco Gabbrielli will helm the association of Italian leather goods manufacturers until 2022, succeeding Riccardo Braccialini.

clock June 26, 2019Martino Carrera

Bottega Veneta's new creative director Daniel Lee maximized the brandÕs signature Intrecciato weaving for structured bags with a puffy feel.

Fashion Scoops

Bottega Veneta Expands Leather Goods Industrial Plant

A new 64,583 square-foot unit located near Vicenza in the Veneto region will bow by the end of 2020.

clock June 25, 2019Martino Carrera

Louis Vuitton, Tiffany & Co.

Financial

Personal Luxury Goods Set to Grow 4 to 6 Percent in 2019

The global personal luxury goods market is forecast to reach revenues of between 271and 276 billion euros this year, according to studies released by Altagamma and by Bain & Co.

clock June 14, 2019Martino Carrera

Il Bisonte store.

Mergers and Acquisitions

Il Bisonte Gets New Owner

The Florence-based leather goods label has been acquired by its Japanese distributor and licensee Look Holdings Inc.

clock June 12, 2019Sandra Salibian

Model on the catwalkPrada Resort 2020 show, Runway, The Piano Factory, New York, USA - 02 May 2019

Financial

Analysts, Observers Weigh in on Prada’s Wholesale Rationalization

The move is seen as consistent with the Italian luxury group’s strategy to control image, positioning and distribution and is expected to yield results in the long term.

clock May 21, 2019Luisa Zargani

Model on the catwalkPrada Resort 2020 show, Runway, The Piano Factory, New York, USA - 02 May 2019

Financial

Prada to Rationalize Wholesale Distribution

The decision aims to “ensure greater consistency in pricing policies across retail and digital channels,” the company said.

clock May 21, 2019Luisa Zargani

Salvatore Ferragamo-RTW-Fall-2019

Financial

Salvatore Ferragamo Shares Lifted by Positive Q1 Performance

Analysts praised the first signs of a turnaround and shares closed up 9.85 percent to 21.25 euros on Wednesday.

clock May 15, 2019Luisa Zargani

Ferragamo South Coast Plaza

Financial

Salvatore Ferragamo Q1 Profits Up 23.5%, Sees Signs of Turnaround

The performance of the brand’s Chinese customers and a strong reception of its footwear and leather goods categories helped lift earnings and sales in the first quarter.

clock May 14, 2019Luisa Zargani

A watch by Fossil.

Financial

Shares of Fossil Group Surge After Earnings Beat

But the company has some stiff competition in the smartwatch market.

clock May 8, 2019Kellie Ell

Polimoda Design Lab

Fashion Scoops

Polimoda Offers 14 Scholarships in Collaboration With LVMH

In 2017, the French luxury group chose Polimoda to train its new leather goods artisans.

clock April 30, 2019Alessandra Turra

Bellroy leather goods.

Financial

EXCLUSIVE: Bellroy’s Slim Wallets Are Getting a Fat Paycheck

Silas Capital makes multimillion-dollar investment in the wallet start-up.

clock April 10, 2019Kellie Ell

Prada RTW Fall 2019

Financial

Prada Banking on Digital Transformation

The Italian luxury house has gone through a restructuring and has set the foundations for future growth, said the group’s chief executive officer as he commented on a sharp drop in profits last year.

clock March 18, 2019Luisa Zargani

The scene at the 115th edition of Mipel.

Handbags

Mipel Sees Sharp Increase in Visitors, Boosted by Russia and Europe

Exhibitors were upbeat about the increased traffic at the handbag and accessories trade show.

clock February 14, 2019Martino Carrera

161020_smxrg_antonmagnani_milan_0405_final_1280px

Financial

Private Equity Halder Sells BMB Manifattura Borse

The buyout is being led by chief executive officer Anton Magnani through a vehicle called Luxury Industrial Holding Srl.

clock February 1, 2019Luisa Zargani

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Essentialist

Today's Must Read

The 2019 ITS Award winner Daoyuan Ding's men's wear collection.

Fashion

One to Watch: Daoyuan Ding, the 2019 ITS Award Winner

clock 6hMartino Carrera

Social Studies